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Rolando Frias
  • dallas, tx
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not sure how much of a deposit to ask for on a rental property

Rolando Frias
  • dallas, tx
Posted Sep 14 2020, 17:22

We are in the process of putting our sfh up for rent and are stuck on what payments to ask for upfront. In the past we already had a tenant tell us to keep the deposit as the last month rent and then left us a mess and some repairs that were above normal wear and tear. We are considering asking for the first month and a security deposit that is $500 over the monthly rent amount. What is common practice in the dfw area.

Thanks in advance

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